Israel's prime minister, Benjamin Netanyahu, entered Syrian territory Tuesday and said Israeli troops would remain in the area indefinitely, blurring the border with its northern neighbor. Since its establishment in 1948, Israel has never had fully recognized borders. Now, the downfall of Syrian President Bashar Assad has created a situation that could once again reshape Israel’s borders.
The Indian rupee fell marginally on Wednesday ahead of the crucial Federal Reserve policy decision later in the day, with traders expecting interventions by the Reserve Bank of India (RBI) to blunt the negative outlook on the local unit. "Quite likely that the Reserve Bank of India will be on offer (on USD/INR) near 84.93-84.94 levels which should limit intra-day gains," a trader at a state-run bank said. Routine interventions by the RBI have supported the rupee over recent sessions as the currency has been under pressure from slowing economic growth and elevated dollar bids in the non-deliverable forwards market.
The Milwaukee Bucks defeated the Oklahoma City Thunder on Tuesday night to win the NBA Cup.